2600-2610 Pettit Ave - Storefront Retail/Office FOR SALE


Bellmore, NY 11710
$2,990,000 USD
516-279-8828
2600-2610 Pettit Ave, Bellmore, NY for Sale
$2,990,000 USD
Storefront Retail/Office - FOR SALE
1/39
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2600-2610 Pettit Ave
Bellmore, NY 11710


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!!
  • The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9’ Ceilings, 2 Lots, Cabaret License, ++!
  • The Property Is Located In The Heart Of Bellmore On Pettit Avenue At The LIRR Station & 1 Block Off Sunrise Highway!!!
  • Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, +++!!
  • The Entire Building Can Be Delivered Vacant If Need Be.
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 5 Unit 9,000 Sqft. Retail Building In Bellmore For Sale!!! The Building Features Excellent Signage, Great Exposure, 481.4 Zoning, 68 Parking Spaces, High 9’ Ceilings, 2 Lots, Strategically Placed Curb Cut, Multiple Offices, Restaurant/Bar, Basement, Rear Yard, All New LED Lighting, 400 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Bellmore On Pettit Ave. At The Bellmore LIRR Station & 1 Block Off Sunrise Highway!!! The Property Is Situated In Between Large Municipal Parking Lots!!! Neighbors Include Starbucks, Harley-Davidson, Jeep-Dodge-Ram, Toyota, Ford, Mazda, Verizon, P.C. Richard & Son, Stop & Shop, PetSmart, 7-Eleven, Dunkin’, CVS, Panera Bread, Crunch Fitness, Applebee’s Bar & Grill, Mavis Discount Tire, Costello’s Ace Hardware, HomeGoods, Aboff’s Paints, Trader Joe’s, McDonald’s, Valero, +++!!! The Building Has A Cabaret License & Was Previously Home To A Successful Bar/Live Music Venue!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Home For Your Business!!! Income: Law Office (1,250 Sqft.): $48,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/17/28. Office 2 (500 Sqft.): $24,000 Ann. (Available) Office 3 (500 Sqft.): $24,000 Ann. (Available) Office 4 (500 Sqft.): $24,000 Ann. (Available) Restaurant.Bar (3,000 Sqft. + 3,000 Sqft. LL + Rear Yard): $132,000 Ann. Pro Forma Gross Income: $252,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $5,380 Ann. Taxes: $53,545.35 Ann. Total Expenses: $59,175.35 Ann. Pro Forma Net Operating Income (NOI): $192,824.65 Ann.

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,000 SF

ZONING

481-4

APN/PARCEL ID

2089-56-288-00-0056-0,2089-56-288-00-0067-0

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.